After years of growth, Moroccan remittances see modest decline

Expat remittances to Morocco set to break records in 2024

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Moroccan expatriates (MRE) continue to boost the country's economy with record-breaking remittances projected to reach MAD 117.5 billion in 2024, marking a 1.9% increase,...

Morocco’s official reserve assets expected to reach MAD 382 billion by end of 2024

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According to Bank Al-Maghrib (BAM), Morocco's official reserve assets (ORA) are projected to strengthen, reaching MAD 382 billion by the end of 2024. This...

Five innovative startups awarded at 12th InwiDays in Benguerir

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On Tuesday, Benguerir hosted the 12th edition of InwiDays, celebrating five exceptional startups for their groundbreaking solutions. Among the winners was ToumAl Analytics, which is...

Moroccan judokas earn spots for Paris 2024 Olympics

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Moroccan judokas Soumiya Iraoui (-52 kg) and Abderrahmane Boushita (-66 kg) have officially secured their spots for the Paris 2024 Olympic Games, as confirmed...
Bank Al-Maghrib becomes 17th member of Africa’s cross-border payment system

Bank Al-Maghrib reduces interest rates: What it means for the economy ?

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In a significant and much-anticipated move, Bank Al-Maghrib (BAM) has reduced its key interest rate by 25 basis points. This strategic decision reflects the...
Morocco’s water lifeline: how a desalination plant is reshaping Souss-Massa

Morocco leads the way in public-private partnerships for irrigation and desalination

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Morocco is currently a pioneer in the field of public-private partnerships (PPP) for irrigation and seawater desalination, stated Mohamed Sadiki, the Minister of Agriculture,...

Aya Asaqas secures spot for Paris 2024 Olympics in skateboarding

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The Moroccan National Olympic Committee (CNOM) announced that Aya Asaqas has qualified for the Paris 2024 Olympic Games in skateboarding. Aya Asaqas, 21, earned her...

Moroccan economy set to grow by 2.8% in 2024, accelerating to 4.5% in 2025

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The national economy of Morocco is projected to grow by 2.8% in 2024 and to accelerate to 4.5% in 2025, according to forecasts from...
Morocco’s ONCF posts strong growth amid high-speed rail push

Summer travel boost: ONCF adds over 230 trains daily from June to September

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The National Office of Railways (ONCF) has announced an ambitious summer 2024 plan, featuring over 230 daily trains to cater to the high demand...

Tourism: ONMT unveils major initiatives for late 2024

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The Moroccan National Tourist Office (ONMT) is gearing up to launch a series of impactful actions and structural projects in the latter half of...

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